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Transcripts For BBCNEWS World 20240702

hello, i m sally bundock with the top business stories, and we begin with the upcoming face to face meeting between us presidentjoe biden and china s president xi jinping. the two leaders are meeting on wednesday on the side lines of the asia pacific economic cooperation summit in san francisco and the world will be watching to see if they can soothe their fraught economic and diplomatic relationship. in their first face to face talks in more than a year, they are expected to discuss the ongoing trade row between the two countries, as well as washington s measures to restrict beijing s access to advanced computer chips, citing people familiar with the matter. let s discuss this with brian coulton chief economist at fitch ratings. good morning. we will talk about the cletus meeting on wednesday but today finance leaders are gathered. what is expected from them? i leaders are gathered. what is expected from them?- expected from them? i think there will expected from them? i

Transcripts For DW Business 20190402 14:45:00

It is on the rise on the side of. Business asia indeed of your self as well. The World Trade Organization says that worlds trade growth is slowing at an alarming rate for the dickel instability and the persisting Trade Conflict between the world the worlds two biggest economies are taking their toll britains increasingly chaotic Divorce Proceedings from the make things worse than previously expected Global Growth could slow even more dramatic increase but no deal breaker said which looks increasingly likely for the World Trade Organization says global trade is expected to grow at a much slower pace this year than previously thought w. T. Your analysts have lowered their Growth Forecasts for twenty nineteen to only two point six percent from three point seven percent the World Trade Organizations General Secretary who best as if they had all said this should come as no surprise to anyone. In twenty seventeen global trade in goods and Services Roles and by four point six percent but ongo

Global trade has nearly flatlined Populism is taking a toll on growth

International trade a key engine of global prosperity since the fall of the Berlin Wall has ground nearly to a halt and is set to remain anemic in the coming years. In 2023, trade in goods and services expanded by the slenderest of margins, an estimated 0.2 percent, the slowest pace in 50 years outside of global recessions.

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